Market Uncertainty Ahead of Fed Rate Decision Leads to Defensive Stance in Bitcoin

The Federal Reserve's interest rate decision has caused uncertainty in the market, leading Bitcoin traders to take defensive positions.

A 64.2% chance of no change and a 35.8% chance of a 25 basis point hike from the Fed has created a divided market expectation.

This uncertainty is reflected in increased sell orders and reduced leverage on major exchanges, signaling caution among Bitcoin traders.